THE CONDO BOOK PROJECT

MAISON171 by Elie Saab at 171 East 86th Street: What the Offering Plan Says

Updated · 6 min read

MAISON171 is a 24-unit new condo at 171 East 86th Street on the Upper East Side, filed as 171 East 86th Street Condominium. Its offering plan lists Gaggenau kitchens, all-electric heat pump heating and cooling, a subcellar with a gym, screening room and golf simulator, and a 24/7 non-union doorman staff.

In brief: MAISON171 by Elie Saab is a 17-story new-construction condo at 171 East 86th Street on the Upper East Side, with 24 homes above two commercial units. Its offering plan, filed as 171 East 86th Street Condominium, lists Gaggenau kitchens, all-electric heat pump heating and cooling, and a balcony or terrace for every home but one. The subcellar holds most of the amenities, including a gym, a screening room and a golf simulator, and a doorman is budgeted around the clock.

What's Specific to It

The offering plan, the document the developer filed with the New York Attorney General, goes past listing photos: it names appliance models, the heating system, who staffs the lobby and what it all costs. It was accepted in February 2026.

At a Glance

Finishes

Kitchen

Good to know: the range is induction, and heating, cooling and hot water in the homes all run on electric heat pumps, so plan on an all-electric home.

Bathrooms

Compare with other buildings in our bathroom brands guide.

Floors, Windows and Laundry

Heating, Cooling and Hot Water

Tip: home electricity is submetered, so heating, cooling and hot water show up on your own bill.

Amenities

The plan lists about 1,750 square feet of required recreation space on the subcellar and second floor, plus extra rooms below ground:

The plan doesn't list a pool, and there's no parking and no storage lockers. The plan doesn't list amenity fees. Rooms are small, with occupancies of 2 to 15 people (see amenities by building size).

Private Outdoor Space

Terraces sit on the 2nd, 11th and 14th floors and the roof, and upper-floor balconies run the length of the building behind a terracotta screen; the 12th- and 13th-floor plans show balconies of roughly 770 and 830 square feet. See our outdoor space guide.

Staffing and Services

Doormen and the porter are budgeted at about $20 an hour and the super at $1,250 a week; payroll is roughly $424,000, about 45% of the budget. For context, see what a doorman costs NYC condos.

What It Costs to Run

The sponsor projects a first-year budget of about $950,000 for September 2026 through August 2027. The homes cover about $886,000 of it through common charges, and the two commercial units cover the rest.

Budget lineFirst-year projection
Payroll and relatedabout $424,000
Electricity (common areas)about $135,000
Reserve fundabout $87,000
Service contractsabout $85,000
Insuranceabout $70,000
Managementabout $50,000

In the sponsor's Schedule A, monthly common charges run from about $1,800 for the smallest home to about $7,300 for the duplex. Estimated monthly real estate taxes run higher than common charges in every home. At closing, you'll also pay two months of common charges as a working capital contribution, $3,500 to the sponsor's attorney for closing documents, and a $1,000 move-in fee. See why operating costs differ or compare operating expenses.

Fine Print Worth Knowing

Who's Behind It

The plan doesn't name a separate interior designer.

Common Questions

Is MAISON171 an Elie Saab-branded building?

That's its name on the Attorney General's listing, but the offering plan text we reviewed doesn't mention Elie Saab or any licensing arrangement.

Does MAISON171 have a doorman?

Yes. The plan says a doorman will be at the lobby 24/7 and budgets four non-union doormen, a porter and a superintendent, though no super will live in the building.

What are the common charges at 171 East 86th Street?

The sponsor's first-year estimates run from about $1,800 to $7,300 a month depending on the home, and real estate taxes are projected to be higher than common charges in every home.

Where this comes from: the building's offering plan (CD250179), accepted by the New York Attorney General in February 2026, including Schedule A, the Schedule B budget and the architect's report. Prices are the sponsor's offering prices, not sales; budgets are first-year projections. Updated October 2026.